How much does a loan officer make in Cleveland?
$57,010a year
Median yearly pay for loan officers in the Cleveland, TN metro area. That is $27.41 an hour or $4,751 a month.
- Hourly
- $27.41
- Vs. national median
- -26%
- Rank among cities
- 355 of 383
- Jobs in the area
- 90
Pay range
Lowest 10%: $35,890Median: $57,010Highest 10%: $98,710
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $35,890 | $17.25 | |
| 25th | $38,810 | $18.66 | |
| Median | $57,010 | $27.41 | |
| 75th | $72,670 | $34.94 | |
| 90th | $98,710 | $47.46 |
Other cities in Tennessee
Median yearly pay for loan officers.
| Knoxville, TN | $63,830 |
| Johnson City, TN | $63,590 |
| Memphis, TN | $63,250 |
| Nashville, TN | $62,800 |
| Chattanooga, TN | $62,460 |
| Jackson, TN | $61,500 |
| Clarksville, TN | $60,270 |
| Kingsport, TN | $60,250 |
| Morristown, TN | $47,130 |
Related jobs in Cleveland
Same field, median yearly pay.
| Management Analyst | $83,990 |
| Project Management Specialist | $80,720 |
| Cost Estimator | $74,350 |
| Business Operations Specialist | $73,610 |
| Accountant and Auditor | $71,840 |
| Buyer and Purchasing Agent | $63,650 |
| Market Research Analyst and Marketing Specialist | $61,580 |
| Human Resources Specialist | $60,560 |
| Compliance Officer | $55,040 |
| Training and Development Specialist | $51,210 |
Frequently asked questions
How much does a loan officer make an hour in Cleveland?
The median hourly pay in the Cleveland, TN metro area is $27.41 ($57,010 a year).
Do loan officers make more in Cleveland than the national average?
No: $57,010 against $76,690 nationally, 26% less.
How does Cleveland compare with the rest of Tennessee?
The median in Tennessee is $62,800, so Cleveland pays 9% less.
Where does Cleveland rank for loan officer pay?
355 of 383 metro areas with data.
How much does a loan officer make starting out in Cleveland?
The lowest-paid 10% make $35,890 or less a year; the top 10% make $98,710 or more.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS): pay in May 2025, published by BLS in 2026. Hourly pay is the yearly figure divided by 2,080 hours.